The continued influence of the founders.
The founders have played a major part in the culture of the company. Furthermore, a lot of the policies and procedures put in place by the founders are still core values and part of the organizational culture of the business today. From the case study, it would seem that the company has an innovative culture to some extent. There is a small hierarchy of management but employees are encouraged to bring their ideas to the advisory board who will then discuss these ideas with top management. This is furthermore encouraged by an open door policy.
The Golden Rule
There is no clear golden rule mentioned in the case study but I would think it’s the attitude towards the customer. The customer always comes first. And the customer is the reason the company exists.
Incentive management plan
The company also has a people-oriented culture. Employees are given an incentive based on performance and not based on their title. Through this incentive plan, the employees are more motivated and eager to do their work to the best of their ability. Thereby increasing their productivity and their contribution to the overall success of the business. Furthermore, stocks options were also made available to all employees.
The performance appraisal system
Every employee is evaluated twice a year by their supervisor. And their annual bonus is calculated based on this evaluation. There are several areas of evaluation. One of the basis of evaluation is “ideas
Revolutionary Characters: What Made the Founders Different by Gordon S Wood is a non-fiction assortment of essays that analyzes the founding fathers and sheds light on what they may have been thinking as they made the most important decisions for America. He not only writes as a biographer of these important men, describing their success and failures, but also analyzes the character of each revolutionary figure, which in turn humanizes these men who are so dehumanized and rigid in history. His main argument is that the founding fathers did such an amazing job at achieving equality in their society that ordinary people were able to rise to power instead of the highly intellectual, and as a result of that we will never be able to see any replication of them. It is done in a way that can be understood by the average reader. Wood argues that the founding fathers became great men as a result of their situation and the time period that they lived in.
For example, AFLAC would award its employees who present themselves within the community or volunteer for many charities, with the Volunteer of the Month award. This award can build the morale of the employee and keep them engaged. In the end not only are employees being recognized for their philanthropic work, but also it allows AFLAC to gain rapport due to its continuous efforts in the community. Secondly, AFLAC utilizes sound performance and incentive as an enhancement tool in order to promote and develop employees for the next level within the organization and keep pace with the company’s overall goals and strategies. “Approximately 90 percent of employees were attracted to and remain at Aflac because of company reputation. Employees are happy with the profit-sharing bonus, with 81 percent of employees saying they believe it is better than that of other companies” (p.7). This strategy is a marketing tool that allows AFLACs employees to see endless opportunity, which has allowed AFLAC to retain over 91 percent of it,
When debating the Constitution, the Founding Fathers were concerned with factions and their impact on society. Many feared that the government would not effectively mitigate the effects of factions. Alexander Hamilton, James Madison and other Federalists argued in support of a confederate republic because direct democracies would not be able to protect society from factions. Madison states, “in the extent and proper structure of the Union, therefore, we behold a Republican remedy for the diseases most incident to Republican Government” (173-174). Their argument is void in that their definition of a faction is one-sided and the examples they use to support their argument on factions are superficial. However, the Federalists effectively communicate that confederate republics mitigate the harmful effects of factions better than pure democracies.
Group Incentive Plan: It is set in place to promote helpful, combined behavior among employees. Through this company a group incentive plan assists in nurturing relationships among their staff member, inspiring them to discover ways to collaborate in a shared environment in order to be successful. The method is able to create a stronger team, brainstorming and building a entrusted sense of project ownership for everyone.
To begin, the founder’s lives influenced the compromises made in the Constitution by having their and other people’s lifestyles be contributed to by slaves, even if they were eventually against it. During the early years of the United States, slavery played a big role in the building of our nation. While there were people in the North of the U.S who had opposed slavery, the people in the South had supported it because of how they had viewed people of color and how the slaves contributed to field and housework. Though some of our Founding Fathers had eventually spoken against slavery, they had still owned them at a point in their lives because of how society was constructed in that time.
During the Revolutionary period, the founding fathers set forth many goals and values to shape American politics. They saw the great potential that America possessed to become a united nation and leading economic power. Even though the U.S. was in debt as a result of the Revolutionary War, the founding fathers did not approve of debt and warned future generations of its danger. The founding fathers also warned future generations of the importance of an isolationist policy to prevent foreign entanglements. Throughout American history, freedom of the press has been continually threatened. Therefore, American politics today does not uphold the goals and values the founding fathers set forth for America during its creation because of national debt, current foreign affairs, and freedom of the press.
The failure of the Founding Fathers to clarify their view of slavery in the constitution is also a cause of the Civil War. The issue of slavery was never clearly settled by the Founding Fathers, which lead to many arguments over the next decades (“Origins of the American Civil War”, 2005). In 1787 when the U.S Constitution was written, the interests of slave owners could not be ignored so, although slaves could not vote, white Southerners made the case that they should be allowed to as they contributed largely to the nation’s wealth. Therefore, the Constitution allowed them to be citizens and vote, but only counted them as 3/5 of a person for the purpose of representation in Congress. The clause allowed the South to have a larger role in the
In the beginning, the nation’s Founders were profoundly skeptical of direct democracy. They believed that the “follies” of direct democracy far outweighed any virtues it might possess (Politics in American pg. 76). According to an essay by Rose Wilder Lane (Lane, 1943), “George Washington, Thomas Jefferson, Benjamin Franklin, John Adams, James Madison, and James Monroe feared democracy.” The founders believed that the Constitution left all other governmental powers to the states (Politics in American 2009 pg. 133). Our Founding Fathers never intended for America to become a democracy. Most of them had served in the American Revolution, either as soldiers in the Continental Army or as part of a legislative body. After the Revolutionary
Our Founding Fathers took part in the fight for our independence and the overall creation of the United States of America. They believed in our nation and the capabilities it held for its future inhabitants. However, in the world we live in today, these Founding Fathers would not be able to recognize the America they fought to unify.
Over time, the culture can change or adapt. This may be due to new leadership, mergers, or acquisitions. It may even be due to a change in the market climate itself. As new employees are brought on, they must be taught the company culture to keep it strong and in line with the overall company umbrella. Most large companies have established culture programs for their leadership, so that they may take those tools, thought processes, and examples back to their teams to keep the culture strong.
There are many entrepreneurs who come together as an organization and build an entrepreneurial culture to seek opportunities for innovations. An entrepreneurial culture is an environment where entrepreneurs are inspired to create new innovations. Innovation is basically to have a new idea, to change something from the old and make it new. The way people interact with one another and recognize their environment is all a part of a culture. In a business industry setting, entrepreneurial cultures are defined as the business owners getting together to inspire each other to brainstorm new ideas/ products, innovations. There are many companies out there that exemplify innovation. One that comes to mind and I believe everyone can agree is Apple
Employees require motivation, reward and encouragement for maximum productivity. Punishment to workers not performing is also mandatory to prevent cases of poor performance. Ethical considerations must be looked at and employees must follow rules and company policies for plans made by management to be successful. Workers and management relate like a family and this has enabled the company perform to its expectation. These plans are aimed at ensuring total customer satisfaction and delight.
The case study detailing the dilemma faced by the organization known as Box, Inc., is one concerned with the challenge of maintaining organizational culture in the face of rapid growth. The organization began as a classic start-up company that evolved out of a garage by a few friends. Beginning as a simple organization with few team members paved the way for the successful culture that would permeate the company for years to come. The challenge facing Box, Inc. in the study is not one of loss, but, rather, one of gain. The organization has rapidly expanded in the last few years, now hosting multiple sites around the globe and over a thousand employees. This rapid change presents the top executives, such as CEO Aaron Levie with the difficult task of preserving their start-up culture that breeds ingenuity and success. One managerial solution the top executives implemented was their institution of a rigorous and highly selective hiring process. This solution was highly effective in maintaining the organizational culture within Box, Inc., in light of the multiple organizational behavior theories that describe the strong correlation between selective hiring and cultural sustainability within a company.
The case study “Equity of Demand: The NETFLIX Approach to Compensation” includes information regarding the company, named Netflix. The case study provides useful information regarding the organizational culture of Netflix. The case is usually associated with the practices of Human Resource Management. It shows how organizations like Netflix can come up with different strategies in order better keep the employees motivated and directed towards goal achieving behavior. It is extremely important for organizations running around the globe to find ways of keeping employees motivated and satisfied in order to increase employees’ productivity. Employees can be seen as backbone for any type of organization running around the globe. It is because the productivity of employees is directly related with the productivity of an organization. The better the employees perform the better the organization would be in terms of customer satisfaction, brand awareness, customer loyalty, profitability and so on so forth. Normally, organizations have different compensation plans to pay the employees for their efforts they make. For instance; some organizations would use money as a source of motivating employees. Such organizations will pay high amount
Keeping employees motivated in addition to creating incentives and/or additional ways for employees to receive more compensation will create better performance overall within an organization. Contrary if company B gives their employees incentives to perform, without any motivational tactics they probably will not have as many top performances as company A, in addition the company may only seek short term rewards verses have long term success. Lack of motivation for employees within an organization, can cause long term damage for the company’s success. Different things motivate everyone; therefore there should be a system in place to keep employees motivated for the long term success of the company. In the MBM textbook under the concept of incentives, compensation, and motivation, there are a couple of different views of how it should be applied within an organization. We will discuss The Social Role of Profit, Personal Profit and Losses, and the way Market-Based Management view how incentives, compensation, and motivation should be applied and the things that effectively drive employees’ actions while at work.